Today, the Lagos bourse extended gains for the second consecutive session as the benchmark Index ended 0.06% stronger to close at 54,936.11 points. Gains in GTCO (+2.44%), FBNH (+0.46%) and FIDELITY (+1.35%) outweighed losses in ZENITHBANK (-0.20%), UCAP (-2.46%) and WEMABANK (-1.23%). Consequently, the ASI year-to-date (YTD) rose to 7.19%, while market capitalization increased by ₦17.13bn to close at ₦29.93trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 16.15%. A total of 134.15m shares valued at ₦1.33bn were exchanged in 2,479 deals. TRANSCORP (+1.56%) led the volume chart with 28.12m units while GTCO (+2.44%) led the value chart in deals worth ₦336.90m.
Market breadth closed negative at a 1.25-to-1 ratio with declining issues outnumbering advancing ones. FTNCOCOA (-6.90%) topped nine (9) others on the laggard’s log, while WAPIC (+2.44%) led seven (7) others on the leader’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 54,936.11 | 0.06 | 7.19 |
| Market Cap. (₦ ‘trillion) | 29.93 | 0.06 | 7.21 |
| Volume (millions) | 134.15 | 5.01 | |
| Value (₦ ‘billion) | 1.33 | -16.15 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 (final) | 11-Aug-23 | 24-Aug-23 |
| STANBIC | ₦2.00 (final) | 12-Apr-23 | 26-May-23 |
| NESTLE | ₦36.50 (final) | 28-Apr-23 | 18-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 10-May-23 |
| WAPCO | ₦2.00 (final) | 11-Apr-23 | 28-Apr-23 |
| NB | ₦1.03 (final) | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 (final) | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 (final) | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 (final) | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 (final) | 28-Feb-23 | 29-Mar-23 |
